Articles by Northern Miner Staff




Junior golds rally as year draws to a close

Junior gold explorers continued to drive Canada’s junior exchange higher. The S&P-TSX Venture Exchange composite index gained 41.8 points. or 4.1% of its value, to close at 1,052.29.Shares in Coral Go…


Gold and diamonds took spotlight in 2002

Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …



Dofasco dumps Qubec Cartier stake

Hamilton-based steel maker Dofasco has reduced its ownership stake in Qubec Cartier Mining Co., an iron ore subsidiary in Port-Cartier, Que.Dofasco has struck a deal to sell part of Qubec Cartier to…


Aurizon goes deeper at Casa Berardi

Vancouver-based Aurizon Mines (ARZ-T) has raised $8 million after issuing nearly 5.2 million flow-through shares and 740,740 common shares priced at $1.35 apiece.The $7 million raised from the flow-th…


Intrepid enlarges Salvadoran gold target

Drilling by Intrepid Minerals (IAU-V) at the Aldea Zapote exploration concession, east of Metapan in the northwestern corner of El Salvador, has extended the property’s known silver mineralization dow…


Apollo raises $14.4 million for Montana Tunnels

One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …


McWatters eyes Kiena revival (January 06, 2003)

Surface and underground drilling by McWatters Mining (MWA-T) has outlined new measured and indicated resources at the idled Kiena mine, near Val d’Or, Que.The resources, found in two zones, total 1.2 …


Axmin closes financing (January 06, 2003)

Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 apiece, for total proceeds of $1.2 million.Each unit consists of one share plus a half…


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